T-Mobile to Lay Off 5,000 Employees

T-Mobile to Lay Off 5,000 Employees

In a significant move to streamline its operations and enhance its strategic focus, T-Mobile has disclosed plans to lay off approximately 5,000 employees, constituting around 7% of its workforce, over the next five weeks. This announcement comes amid a period of economic uncertainty that has seen various technology companies implement mass layoffs in response to…

T-Mobile Buys Ryan Reynolds’ Mint Mobile in a $1.35 Billion Deal
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T-Mobile Buys Ryan Reynolds’ Mint Mobile in a $1.35 Billion Deal

The telecommunications giant T-Mobile announced it’s buying the budget cell service provider Mint Mobile — best known for its ads with actor and part-owner Ryan Reynolds. The cash-and-stock deal, which includes two other brands, is worth $1.35 billion. As reported on NPR, T-Mobile CEO Mike Sievert said Wednesday that the company would use its size…

T-Mobile Begins Laying Off Managers, Closing Retail Stores
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T-Mobile Begins Laying Off Managers, Closing Retail Stores

T-Mobile is eliminating district and regional territory positions affecting hundreds of stores across the country, a move that is intended to help curb costs at the wireless provider, The Desk has learned. The positions primarily affect regional and district managers who oversee T-Mobile’s retail business, including its corporate-owned stores and authorized retailers, according to people…